Apartment 33, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN is a leasehold flat built between 2003-2006. The property offers approximately 797 square feet of living space and is situated on the 11th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £153,258 , which equates to approximately £192 per square foot. It was last sold on 5 Jul 2019 for £125,000. Since then, the value has increased by £28,258, representing a 22.6% increase, or approximately 3.5% per year.

The current estimated value of £153,258 is:

  • 54.2% lower than the average property price on Forth Banks
  • 23.5% lower than the average in the NE1 3PN postcode area
  • and 42.2% lower than the average price for Newcastle Upon Tyne as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 20 October 2018, the property was recorded as owner-occupied.

View sold house prices in NE1 3PN

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
797 sq ft
Tenure
Leasehold
Floor level
11th floor
Price (estimate)
£153,258
Price Per sq ft (estimate)
£192
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 33, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, Tyne And Wear, NE1 3PN has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 20 Oct 2018.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have full secondary glazing.

The previous EPC assessment was conducted on 6 Sep 2010, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 15.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The windows were upgraded from fully double glazed to full secondary glazing.
  • The lighting was updated from low energy lighting in 54% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 3PN

28 th / 37
Price Rank
24% lower than average
14 th / 36
Size Rank
2% bigger than average
31 st / 36
Price Per Sq FT Rank
25% lower than average

Compared to other properties in NE1 3PN , this flat's estimated value ranks 28th out of 37. Based on price per square foot, it ranks 31th out of 36 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 14th out of 36 properties in its postcode area.

Sale History

Today
£153,258
streetscan.co.uk estimate
+23 %
5 Jul 2019
£125,000
Leasehold
+8.7 %
27 May 2011
£115,000
Leasehold
-42.2 %
30 May 2008
£199,111
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 743 sq ft
sale price: £150,000
sale date: 14 Jun 2021
rooms: 3
size: 721 sq ft
sale price: £125,000
sale date: 25 Sep 2020
rooms: 3
size: 883 sq ft
sale price: £96,800
sale date: 23 May 2019
rooms: 3
size: 883 sq ft
sale price: £135,000
sale date: 4 Apr 2019
rooms: 3
size: 729 sq ft
sale price: £125,000
sale date: 18 Oct 2018

Data Sources

The property at Apartment 33, Forth Banks Tower Forth Banks, Newcastle Upon Tyne, NE1 3PN appears three times in the Land Registry records, with the latest transaction recorded on 5 Jul 2019. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Oct 2018. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.